Schedule 11, Part 5, paragraph 18

Where the Bank is considering the exercise of a stabilisation power in respect of a CCP which is a member of a group, the Bank must have regard to— the need to minimise the effect of the exercise of the power on other undertakings in the same group, and the potential effect of the exercise of the power on the financial stability of countries other than the United Kingdom (particularly those countries in which any member of that group is operating).

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Source: legislation.gov.uk · retrieved 2026-09-04